The global PEEK Special Engineering Plastics Market is expected to reach USD 5.74 billion by 2028, growing at a CAGR of 8.7% during the forecast period (2018-2028). The market has been segmented on the basis of type, application, and region.
PEEK Special Engineering Plastics are high-performance engineering plastics. It is known for its outstanding physical properties which are highly durable and have good chemical resistance to various harsh conditions. PEEK Plastic has a very low moisture uptake, excellent dimensional stability, heat deflection temperature of 85°C/85% relative humidity under load at 170 °C/24 h, stiffness modulus in the range of 100 MPa. These properties lead to an increased usage of these products across different applications including automotive industry electronics & electrical appliances among others. However, it can also be used as powder due to its excellent thermal stability over other plastic materials available in the market today.
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